Abstract In response to the limitations of traditional vehicle valuation methods, Appraisal Engine Inc., under the guidance of Tony Rached, has developed the Scarcity Factor (SF), a sophisticated model designed to dynamically adjust vehicle prices based on market scarcity. This innovation, which is currently under a patent-pending application, is the
Production Of New Honda Fuel Cell EVs To Start In 2024 (PDF) Honda announced that starting in 2024, it will produce an all-new hydrogen fuel cell electric vehicle (FCEV). Based on the recently launched Honda CR-V, the new zero-emissions vehicle will contribute to Honda’s goal to make battery electric
Vietnamese Automaker VinFast Exports First EVs To The U.S. (PDF) VinFast celebrated the success of its first batch of all-electric cars being exported to international markets on 25 November. The Vietnamese automaker has sent a total of 999 units of the VF 8 model to the US. The ship
Toyota Releases New Bz Compact SUV Concept (PDF) Toyota has revealed a new bZ Compact SUV Concept that previews a future electric compact crossover model. This electric model has a “glimpse of what the future could hold.”, revealed at the LA motor show. The Japanese firm wants to expand
Ford Has Cut Its Plans For Developing Autonomous Cars (PDF) According to Ford’s recent earnings report, the company will be pulling out of its artificial intelligence venture called Argo AI. In order to turn around the company’s losses, Ford is focusing on advanced driver-assistance systems instead of AI. It
BMW Plans To Invest $1.7 bn In EVs In The US (PDF) BMW will invest $1.7 billion in the production of electric vehicles in the United States. The company outlined a $1 billion plan, which includes building a new manufacturing plant for the BMW Spartanburg US facility and $700
Due to Consumer Complaints the FTC Changes GAP Insurance Rules FTC Rule 463 Section 5 GAP Insurance (PDF) Buying a vehicle is an expensive and tricky process, many consumers rely on financing to complete their purchases. The car dealer’s finance office is the main point of sale of financing as
Fiat-Chrysler merges with Peugeot projects a 7.9 Million Cars Sold per year This mega-merger between Fiat Chrysler Automobiles (FCA) and Peugeot (PSA) will create the world’s fourth largest automaker after VW, Toyota and Renault-Nissan. Fiat Chrysler, the group behind popular brands such as Jeep, Dodge, Ram and Alfa Romeo, was
Georgia Motor Vehicle Division Extension of Motor Vehicle Registrations Due to concerns regarding COVID-19, the Georgia Motor Vehicle Division (MVD) is extending all motor vehicle registrations that expire between March 16, 2020, and May 14, 2020. Those registrations are extended through May 15, 2020. This extension applies to personal passenger
TradeRev Closing Removed – Auctions will have Visible Timers
Effective March 25, 2020, the closing category in the TradeRev car dealer buying app will be removed and replaced with visible timers same as regular auction sites like Ebay.
Below is an email sent to all Traderev dealers on March 24th announcing the change.
Traderev email on 03/24/2020
“The final farewell to the Closing period is here. Tomorrow, we’ll say goodbye to Closing and say hello to visible auction timers and a new web search bar. Check out more below.
No More Closing
A win’s a win. Starting tomorrow, there’ll no longer be a second round of bidding once the 45-minute auction is over.
Auction Countdowns
With a visible auction timer, you can see how much time is on every single trade, so you never miss out on a bid. We’ll also add an extra minute to the auction each time a bid is placed in the last 3 minutes. That way no one can swoop in on your trade with a last-minute bid.
Web Search
Find the trades that matter to you most. Simply enter vehicle details like the year, model or make and the exact matches will appear followed by other similar trades in a separate section.
To enable this update, you’ll automatically be logged out tomorrow. Simply sign back in and enjoy the new features.”
TradeRev is owned by KAR Global and located at 36 South Pennsylvania Street, 7th Floor Indianapolis, IN 46204.
Georgia’s 2019 Drives Car Tag & Title System What does the Georgia “DRIVES” acronym stand for? DRIVES = Georgia Driver Record and Integrated Vehicle Enterprise System Key facts about the Georgia drives system upgrade 2019 Georgia DRIVES – Frequently Asked Questions – Car Dealers: Q: Will dealers be able to
BMW DIRECT ONLINE-ONLY EVENT. HIGHEST QUALITY BMW AND MINI INVENTORY. NOVEMBER 16 TO NOVEMBER 26, 2018 ONLINE-ONLY EVENT. HIGHEST QUALITY BMW AND MINI INVENTORY. From November 16-26, 2018, BMW Group Financial Services is taking off-lease sales completely online. During this time, all BMW and MINI sales will occur exclusively
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